Latest news with #MattKaufman
Associated Press
21-05-2025
- Business
- Associated Press
Bitcoin Exposure With The Risk Mitigated Through Calamos Investments Structured ETFs
By Meg Flippin Benzinga DETROIT, MICHIGAN - May 21, 2025 ( NEWMEDIAWIRE ) - Matt Kaufman, senior vice president and head of ETFs at Calamos Investments, was recently a guest on Benzinga's All-Access. Calamos Investments is a 45-year-old risk management firm and one of the largest convertible bond managers in the U.S. The company provides investors with access to convertible securities, alternative funds and a growing number of active and structured outcome ETFs, including what it says is the world's first 100% protected ETFs tied to the S&P 500, Nasdaq 100, Russell 2000 and even Bitcoin. Launched in April, the Calamos Bitcoin Structured Protection ETF is designed to match the positive price return of Bitcoin up to a defined cap while protecting against 100% of losses over a one-year period. Leveraging technology and decades of institutional knowledge, Calamos Investing is aiming to turn the ETF market on its head with this and its other products. Watch the full interview here: Featured Image byTamim TarinonPixabay. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. This content was originallypublished on further disclosureshere.
The Guardian
02-04-2025
- The Guardian
Roblox gives parents more power over children's activity on gaming platform
Parents can now block their children from communicating with specific friends or playing certain games on Roblox, an online gaming platform popular with children. The changes form part of a suite of safety updates intended to give parents more control over their child's experience on the platform. From Wednesday, parents and caregivers who identify themselves with an ID or credit card will have access to three new tools. The friend management tool means they can block anyone on their child's friends list, preventing their child from exchanging direct messages with that account, and report people they believe are violating Roblox policies. They can also review and change the content maturity level for their child's account, determining which games their child can access, and obtain detailed screen-time insights. Under the Online Safety Act, which came into force this year, tech companies must tackle harmful content on their platforms or face fines of up to £18m or 10% of global revenue. There have been reports of bullying and grooming on Roblox and fears that children are being exposed to explicit or harmful content on the site, which is the most popular platform in the UK among gamers aged eight to 12. Roblox's chief safety officer, Matt Kaufman, said safety was at the company's core and its mission was to be 'the safest and most civil online platform in the world'. The US-based company is one of the world's largest games platforms, with more monthly users than Nintendo Switch and Sony PlayStation combined. In 2024, the site averaged more than 80 million players a day, and roughly 40% of those were under 13. Roblox introduced 40 safety updates last year, including preventing users under 13 from sending direct messages. Roblox has also updated its voice safety technology, which uses a machine-learning model to moderate chat between players more accurately than human moderators. Andy Burrows, the chief executive of the Molly Rose Foundation, said he welcomed the safety improvements but that 'Roblox still needs to get to grips with substantial problems with harmful and age-inappropriate content'. He added: 'Extensive research has shown Roblox is awash with age-inappropriate games and communities, including depression rooms that can compound misery and offer no support to vulnerable children. Sign up to Pushing Buttons Keza MacDonald's weekly look at the world of gaming after newsletter promotion 'This content raises fundamental questions about Roblox's broader commitment to safety and shows it cannot just rely on parental controls but must take decisive action to make the platform safe for its young users.' Last month, Roblox's co-founder and chief executive, David Baszucki, said the platform was vigilant in protecting its users and that 'tens of millions' of people had 'amazing experiences' on the site. He added: 'My first message would be: if you're not comfortable, don't let your kids be on Roblox. That sounds a little counterintuitive, but I would always trust parents to make their own decisions.'
Yahoo
27-03-2025
- Business
- Yahoo
A $41B Investment Firm Wants to Stick With Just Bitcoin ETFs as Safer Bet
Earlier this year, Calamos made its crypto debut with the launch of not one but three funds designed to protect investors from the volatility in bitcoin's (BTC) price. But the global investment management firm, which handles $41.3 billion in assets, is far from launching any other products beyond bitcoin, — even Ethereum (ETH), said its head of ETFs Matt Kaufman in an interview with CoinDesk. Since their inception, Calamos' protected BTC funds have attracted over $100 million from investors, which primarily include financial advisors. For most firms looking to make an entrance into the crypto market, launching a bitcoin product is just the first step in a long journey that quickly extends to ethereum-based products. BlackRock, for example, applied to launch its spot bitcoin ETF (IBIT) in June 2023 and five months later, did the same for Ethereum (ETH). 'Ethereum doesn't really meet our criteria for being able to effectively hedge that exposure,' he said. 'It's not a liquid asset, there's no options on Ethereum ETPs so if those check boxes start to get built, we'll explore it but right now it's not on our radar.' The Calamos Bitcoin Structured Alt Protection ETF (CBOJ), Calamos Bitcoin 90 Series Structured Alt Protection ETF (CBXJ) and Calamos Bitcoin 80 Series Structured Alt Protection ETF (CBTJ) offer investors 80-100% downside protection with an upside cap rate of 10-55%. This is achieved by using a combination of Treasuries and options on the CBOE Bitcoin US ETF Index. While Cboe Exchange has filed to list options tied to Ether ETFs, the Securities and Exchange Commission (SEC) in January delayed its deadline to approve or deny the product. The Commission will have to stick to the final deadline in May, however. Another asset class that Calamos won't likely ever touch is meme coins, Kaufman said. 'We're a risk manager, so we build things we know will work,' he said. 'From that perspective, I don't have any opinion on meme coins but it's not something I would ever do.' Kaufman believes that the recent surge in applications for meme coin ETFs highlights the fact that investors have to do their due diligence. 'We live in America, you have to know what you own. Freedom gives you choice and with choice comes responsibility,' he said. Sign in to access your portfolio
